🟠 $BTC 4H UPDATE 📊
Bitcoin is currently trading around $75,736, showing clear short-term bearish momentum on the 4H chart.
📉 Market Structure • Price is below MA(7) — $76,087
• Price is below MA(25) — $77,109
• Price is below MA(99) — $78,284
• RSI(6) — 24.9, indicating oversold conditions
🔑 Key Levels Resistance: $76.1K → $77.1K → $78.3K
Support: $75K area
⚠️ RSI being oversold doesn't automatically mean a reversal. BTC could bounce from here, but confirmation is important.
👀 What I'm watching:
A reclaim of $76.1K–$77.1K could signal improving momentum, while a sustained move below $75K would keep bearish pressure in focus.
Stay patient. Wait for confirmation, manage risk, and avoid chasing moves. 🚀
#BTC #Bitcoin #BTCUSDT #Crypto
Bitcoin is currently trading around $75,736, showing clear short-term bearish momentum on the 4H chart.
📉 Market Structure • Price is below MA(7) — $76,087
• Price is below MA(25) — $77,109
• Price is below MA(99) — $78,284
• RSI(6) — 24.9, indicating oversold conditions
🔑 Key Levels Resistance: $76.1K → $77.1K → $78.3K
Support: $75K area
⚠️ RSI being oversold doesn't automatically mean a reversal. BTC could bounce from here, but confirmation is important.
👀 What I'm watching:
A reclaim of $76.1K–$77.1K could signal improving momentum, while a sustained move below $75K would keep bearish pressure in focus.
Stay patient. Wait for confirmation, manage risk, and avoid chasing moves. 🚀
#BTC #Bitcoin #BTCUSDT #Crypto
